dantheclamman@lemmy.world to Technology@lemmy.worldEnglish · 11 months agoUnredacted FTC suit shows 'Project Nessie' price-raising algorithm made Amazon $1.4Btechcrunch.comexternal-linkmessage-square26fedilinkarrow-up1521arrow-down13
arrow-up1518arrow-down1external-linkUnredacted FTC suit shows 'Project Nessie' price-raising algorithm made Amazon $1.4Btechcrunch.comdantheclamman@lemmy.world to Technology@lemmy.worldEnglish · 11 months agomessage-square26fedilink
minus-squareTunaCowboy@lemmy.worldlinkfedilinkEnglisharrow-up52arrow-down3·11 months agoSo what’s the government’s price fine for something like that, 5 mil?
minus-squareBearOfaTime@lemm.eelinkfedilinkEnglisharrow-up31arrow-down2·edit-211 months agoThese kinds of crimes should come with a fine that’s 10x what they profited. Then even they manage to hide some of the profit, it’s still gonna hurt.
minus-squarecatboss@feddit.delinkfedilinkEnglisharrow-up15·11 months agoAnd jail time as well as taking their personal wealth. Or throw them in the middle of the Atlantic, both options are valid.
So what’s the government’s
pricefine for something like that, 5 mil?These kinds of crimes should come with a fine that’s 10x what they profited. Then even they manage to hide some of the profit, it’s still gonna hurt.
And jail time as well as taking their personal wealth. Or throw them in the middle of the Atlantic, both options are valid.
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